Nitto Kogyo (TSE:6651) Construction In Progress : 円4,629 Mil (As of Dec. 2023)

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What is Nitto Kogyo Construction In Progress?

Nitto Kogyo's quarterly construction in progress increased from Jun. 2023 (円15,415 Mil) to Sep. 2023 (円16,087 Mil) but then declined from Sep. 2023 (円16,087 Mil) to Dec. 2023 (円4,629 Mil).

Nitto Kogyo's annual construction in progress increased from Mar. 2022 (円2,307 Mil) to Mar. 2023 (円10,409 Mil) but then declined from Mar. 2023 (円10,409 Mil) to Mar. 2024 (円4,565 Mil).

Nitto Kogyo Construction In Progress Historical Data

The historical data trend for Nitto Kogyo's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nitto Kogyo Construction In Progress Chart

Nitto Kogyo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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591.00

615.00

2,307.00

10,409.00

4,565.00

Nitto Kogyo Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															10,409.00	15,415.00	16,087.00	4,629.00	4,565.00

Nitto Kogyo Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Nitto Kogyo (TSE:6651) Business Description

Industry

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6651:Japan

Address

2201, Kanihara, Nagakute-cho, Aichi County, Tokyo, JPN, 480-1189

Website

https://www.nito.co.jp

Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.

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